Reap has received approval from Singapore’s central bank to operate as a Major Payment Institution. The licence lets the Hong Kong fintech offer domestic and cross-border payment services as it expands across Asia.
AnaisCalifornia has made it official that unclaimed cryptocurrencies like Bitcoin and Ethereum must be kept safe instead of being turned into cash. Custodians must notify owners and hand over dormant crypto to licensed state custodians who manage the assets securely.
WeatherlyA $200,000 BNB donation to Malta’s cancer fund from 2018 has grown to $39 million but has never been used. Legal disputes and unclear oversight have kept the funds dormant, despite their accessibility and urgent medical needs.
AnaisJapan is planning to ban insider trading in cryptocurrencies for the first time, bringing digital assets under the same rules as traditional securities. The new law will give regulators power to investigate and penalise traders who profit from non-public information.
WeatherlyStripe has launched a new feature allowing US businesses to accept recurring payments in stablecoins like USDC, USDP, and USDG across multiple blockchains. The system uses smart contracts for easier payments, supports over 400 wallets, and lets companies receive fiat settlements while managing subscriptions from their Stripe dashboard.
AnaisSam Bankman-Fried claims his 2022 arrest was politically motivated after he donated to Republicans, saying the SEC and DOJ targeted him. His allegations come as missing SEC messages from the period raise questions about record-keeping and possible interference in crypto enforcement.
WeatherlyCoinbase has invested in India’s largest crypto exchange, CoinDCX, to expand its presence in South Asia and the Middle East. CoinDCX serves over 20 million users, handles $1.2 billion in assets, and continues to grow despite past security breaches.
AnaisRipple has partnered with Absa Bank to offer institutional digital asset custody in South Africa. Absa will use Ripple’s technology to securely store and manage cryptocurrencies for its clients.
AnaisThe official Dota 2 YouTube channel was briefly hacked to promote a fake Solana token called dota2coin, livestreaming the scam to thousands of viewers. A separate esports partner, PGL, was also hacked to stream a fake Bitcoin giveaway, but no user accounts or personal data were compromised.
WeatherlyThe UK plans to return $7 billion in Bitcoin to Chinese investors after a major fraud case, with the criminals pleading guilty to money laundering. Authorities face challenges tracing claims and distributing the funds due to cross-border complexities and China’s crypto ban.
Anais